Hey, the price of Bitcoin pretty much halved in a month, and folks are taking it in stride
That's the interesting thing, we all know that the bitcoin's supply never changes during this 4 years period, so its price should be more or less stable, but it is the value of USD appreciating quickly now against all the assets, since FED hinted that they are going to reduce the USD supply later this year
We should invest in dollars? BTW, unless you're suggesting that the dollar buys more than three times as much now as it did when Bitcoin peaked ... well, you can see where i'm going with this.
But people's mind has already fixed on USD, they regard the USD the standard of value, just like people regard earth is the center of the universe and the sun should be moving around the earth
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People's minds are fixed on eggs & ham, on gasoline, their hospital bills & their cars -- all the things that remain consistent to the dollar but differ wildly from day to day with Bitcoin.
That's the problem. I honestly don't care if dollar's value is being manipulated, as long as the value of all the goods & services is manipulated *exactly* the same way so that i never notice
